Growth & profitability
- Revenue has grown 36.1% per year over the past 5 years.
- Net income has grown faster than revenue (206.2% vs 36.1% per year).
HOOD Financials Robinhood Markets
7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $4.5B | $1.9B | 0.0% | 0.0% | — | — | $4.3B |
| 2024 | $3.0B | $1.4B | 0.0% | 0.0% | — | — | $4.3B |
| 2023 | $1.9B | -$541M | 0.0% | 0.0% | — | — | $4.8B |
| 2022 | $1.4B | -$1.0B | 0.0% | 0.0% | -$880M | — | $6.3B |
| 2021 | $1.8B | -$3.7B | 0.0% | 0.0% | -$948M | — | $6.3B |
| 2020 | $958M | $7M | 0.0% | 0.0% | $1.9B | — | $1.4B |
| 2019 | $278M | -$107M | 0.0% | 0.0% | $1.3B | — | $644M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1.1B | $350M | 0.0% | 0.0% | — | — | $5.0B |
| Dec '25 | $1.3B | $605M | 0.0% | 0.0% | — | — | $4.3B |
| Sep '25 | $1.3B | $556M | 0.0% | 0.0% | — | — | $4.3B |
| Jun '25 | $989M | $386M | 0.0% | 0.0% | — | — | $4.2B |
| Mar '25 | $927M | $336M | 0.0% | 0.0% | — | — | $4.4B |
| Dec '24 | $1.0B | $916M | 0.0% | 0.0% | — | — | $4.3B |
| Sep '24 | $637M | $150M | 0.0% | 0.0% | — | — | $4.6B |
| Jun '24 | $682M | $188M | 0.0% | 0.0% | — | — | $4.5B |
| Mar '24 | $618M | $157M | 0.0% | 0.0% | — | — | $4.7B |
| Dec '23 | $471M | $30M | 0.0% | 0.0% | — | — | $4.8B |
| Sep '23 | $467M | -$85M | 0.0% | 0.0% | -$978M | — | $4.9B |
| Jun '23 | $486M | $25M | 0.0% | 0.0% | $370M | — | $5.8B |
| Mar '23 | $441M | -$511M | 0.0% | 0.0% | $828M | — | $5.5B |
| Dec '22 | $380M | -$166M | 0.0% | 0.0% | $178M | — | $6.3B |
| Sep '22 | $361M | -$175M | 0.0% | 0.0% | -$213M | — | $6.2B |
| Jun '22 | $318M | -$295M | 0.0% | 0.0% | -$1.3B | — | $6.0B |
| Mar '22 | $299M | -$392M | 0.0% | 0.0% | $424M | — | $6.2B |
| Dec '21 | $363M | -$423M | 0.0% | 0.0% | -$292M | — | $6.3B |
| Sep '21 | $365M | -$1.3B | 0.0% | 0.0% | -$1.0B | — | $6.2B |
| Jun '21 | $565M | -$502M | 0.0% | 0.0% | $2.3B | — | $5.1B |
Valuation over time
How the market has priced HOOD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 23.7× (Dec '24) to 44.8× (Jun '26).
- The price-to-sales ratio has risen from 6.4× (Mar '23) to 18.8× (Jun '26).
P/E
P/S
Frequently asked questions
Is HOOD growing its revenue and profit?
Over the past 5 years, Robinhood Markets's revenue has grown 36.1% per year, and net income grown 206.2% per year. These are computed facts, not advice.
How much debt does HOOD have?
As of FY2025, Robinhood Markets reported — of total debt against $4.3B of cash.
What is HOOD's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 42.1%.
What is HOOD's P/E ratio?
As of Jun '26, Robinhood Markets traded at a price-to-earnings ratio of about 44.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.